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No. 57, Nov. 8, 2018

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AROUND THE GLOBE

Ethanol Exports Reach Record 12-Month High for Second Month in a Row

 
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For the second consecutive month, ethanol exports set a record for the most exports ever achieved in a 12-month period, according to a September report from the USDA Foreign Agricultural Service (FAS). These numbers come despite American producers being shutout of the Chinese ethanol market due to tariffs, as well as a slowdown in ethanol exports to Brazil, while they finish their summer sugarcane harvest. According to recent news, there is every reason to believe that export numbers will only continue to grow as we close out 2019.

 

Brazil, in particular, is set to improve their export numbers for the last three months of the year, as reports of ethanol bearing ships for the month of October indicate that the country will begin importing ethanol again as the harvest ends - the graph above exemplifies the cyclical nature of Brazilian ethanol imports. Extremely strong exports to Brazil earlier this year coupled with a growing global demand for blends ranging from E5 (in burgeoning markets) to E27 and higher have all led to a very positive export outlook.

 

The story of ethanol globally is one of growth. Many countries, particularly in Asia, are beginning to adopt ethanol in recognition of its price and environmental benefits. Additionally, the two largest markets in the world, the U.S. and Brazil, have both doubled down on higher blends of ethanol. President Donald Trump's announcement to allow E15 year-round and Brazil's record breaking hydrous ethanol, a 95 percent ethanol 5 percent water fuel, mean that ethanol could see unprecedented growth over the coming years. In fact, Brazil will likely achieve a 47 percent blend rate this year despite only mandating an E27 blend fuel - all due to popularity of hydrous ethanol fuel in the country.

 

We will continue to monitor the ethanol outlook for 2018 and keep you informed of any important developments and emerging market conditions. Stay tuned to our Senior Vice President of Global Markets Craig Willis on Linked In for the most up-to-date global ethanol outlook analysis.

For more details, contact Senior Vice President of Global Markets, Craig Willis.

 

WORKING FOR YOU

AT THE PUMP

Drivers Have Reached 6 Billion Miles Driving on E15

IN POLICY

Midterm Election Results This Week, Congress Back in Session Next Week

IN OUR ASSOCIATION

USDA Secretary Perdue Visits POET for Round Table Discussion on E15 Year-Round

IN COMMUNICATIONS

Growth Energy CEO Attends NAFB 'Trade Talk' Today

ON THE TRACK

Final American Ethanol Paint Out This Weekend

UPCOMING EVENTS

 
NAFB Trade Talk
Nov. 7-8, Kansas City, KS
Phoenix Paintout
Nov. 11, Phoenix, AZ

AT THE PUMP

Drivers Have Reached 6 Billion Miles Driving on E15
 
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*Article originally featured on CSPDailyNews.com
 
E15 fuel’s rapid growth is undeniable. It took four years to reach the first billion miles driven on the fuel, but its pacing has increased to a fever pitch, surpassing each subsequent billion in just a few short months. And part of that rapid growth is due to its increased availability, as a growing number of stores are offering the product. In fact, two chains, Cumberland Farms and Casey’s General Stores, both recently announced they’d be adding E15 to their lineups. Cumberland Farms, which has nearly 600 locations in eight states, will introduce the fuel at 120 of its locations, while Casey’s will add it to approximately 500 sites.

“The adoption is picking up more and more,” says Mike O’Brien, vice president of market development at Growth Energy. “It’s just this acceleration process of retailers adding it, consumers buying it, consumers driving on it, repurchasing, and on and on. It keeps growing and growing.”

Getting customers to try E15 isn’t difficult, especially with Growth Energy’s help. “We’re honing in on that message performance and cleaner burning,” says O’Brien.  “At the dispenser, we’re also honing in on how consumers see it, and within that, we’re helping retailers optimize the sales of E15. The billions of miles demonstrate that it’s a viable product.”

As more consumers seek out E15, more retailers realize how lucrative offering it can be—and what they’re losing out on if they don’t. In fact, O’Brien says that there are only two kinds of retailers in the marketplace right now: those that sell E15 today, and those that are going to sell it tomorrow. 
To view the entire article originally run in CSP Daily News, visit their website here.

For more details, contact Vice President of Market Development, Mike O'Brien.

 

IN POLICY

Midterm Election Results This Week, Congress Back in Session Next Week

This Tuesday, the long anticipated 2018 midterm elections came to a close. While the long-term impacts of those results will not be known fully for some time, there are some high level takeaways for our industry.

 

This election will usher in some change in the balance of power in Washington, with Democrats winning a majority in the House of Representatives, and Republicans adding to their majority in the Senate.  While we had some of our stronger champions lose in the House and Senate, we also saw some new increased support in the House after a few seats flipped from anti-ethanol to pro-ethanol candidates.  There will also be changes throughout statehouses as new Governors were elected in South Dakota, Minnesota, Wisconsin, Illinois, Michigan, Kansas, and Ohio.

 

Having strong, bipartisan champions in both the House and the Senate is important, and we plan to meet with as many new House and Senate members over the coming weeks as we can.  Our shared vision of a strong rural economy, savings at the pump, and a cleaner environment is something strongly supported by Democrats and Republicans alike.

Should you have any questions or need any further information on last night’s election results, please contact John Fuher.

 

IN OUR ASSOCIATION

USDA Secretary Perdue Visits POET for Round Table Discussion on E15 Year-Round

 
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Story originally reported in POET's Vital Magazine, available online here.

 

At the end of last month, US. Secretary of Agriculture Sonny Perdue, Senator Mike Rounds, and Governor-elect Kristi Noem attended a round table discussion at POET's largest ethanol plant, Chancellor, to discuss finalizing year-round sales of E15 before the June 1, 2019 deadline. At the round table, ethanol producers and South Dakota farmers took the opportunity to express their thanks to the assembled biofuels champions for their continued efforts to lift restrictions on sales of E15. All three of the biofuels champions reiterated their strong support for the biofuels industry and their commitment to getting E15 year-round across the finish line.

 

“We’re happy to be here with all of you and really to talk about this issue of ethanol and E15 and how we can make the promises come true,” Perdue said. “I do appreciate President Trump. … [His decision] is another example of promises made, promises kept of this administration.”

 

Senator Rounds and Governor-elect Kristi Noem were also extremely supportive of biofuels and thanks Secretary Perdue for coming to South Dakota to, once again, demonstrate his biofuels advocacy.

 

“Sonny talks about ag from the inside out. He gets it. You don’t have to explain the vernacular," Rounds explained. "Mr. Secretary, thank you for being here and helping us see this through to the finish line.”

 

“I want to thank the Secretary for coming to South Dakota,” Noem said. “This is something that he and I talked about for quite some time since the President announced during his campaign for President that he supported ethanol."

 

Before leaving, Perdue also addressed our industry concerns over delays at EPA in the rulemaking process on lifting restrictions to sales of E15 year-round. He acknowledged the importance of expanding markets for ethanol and improving consumer awareness and was convinced that EPA Acting Administrator Andrew Wheeler was working to finishing the process by next year.

 

“We need to continue to look to E15 to grow. There’s so much opportunity in ag. Thanks to all of you,” said Jeff Broin, CEO of POET.

 

Growth Energy and our members remain committed to getting year-round sales of E15 across the finish line before the start of next year's RVP season on June 1, 2019. We will keep you up-to-date on any important developments and ask that you join us in thanking your elected officials for their support by visiting our E15now.com website, where you can share your own story with them.

 

Check out photos of the event below:

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Photos courtesy of Vital Magazine

For more details, contact Vice President of Development, Kelly Manning.

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IN COMMUNICATIONS

Growth Energy CEO Attends NAFB 'Trade Talk' Today

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Today, Growth Energy CEO Emily Skor will meet with agriculture reporters from across the country at the National Association of Farm Broadcaster's (NAFB) 75th Annual Trade Talk Convention in Kansas City, MO. Skor will have the opportunity to connect with over 120 ag reporters and broadcasters to discuss the major achievements for ethanol throughout the year, including the president's announcement on E15 year-round ad the record breaking numbers for ethanol exports. If you're at NAFB's Trade Talk toady, be sure to stop by Growth Energy's booth (#14) to say hello.

 

Stay tuned for photos and stories from the event and be sure to check out our twitter for live updates.

For more details, contact Director of Communications, Leigh Claffey.

 

ON THE TRACK

Final American Ethanol Paint Out This Weekend

 
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The American Ethanol team races to refit the American Ethanol e15 Chevrolet Camaro during a pit stop

Austin Dillon will be behind the wheel of the No. 3 American Ethanol e15 Chevrolet Camaro for the final time in 2018 this weekend at Phoenix’s ISM Raceway for the Can-Am 500! Our final paint out of the year comes at an exciting time – on the heels of Austin’s top 10 finish last weekend at Texas Motor Speedway, and in the penultimate race of the 2018 season. The final two spots in the “Championship 4” are up for grabs this weekend in Phoenix, so race fans everywhere will be tuning in to see the action. The race will be broadcast live on Sunday, November 11 at 2:30 p.m. Eastern time on NBC, and we encourage you to watch and cheer Austin on.

For more details, contact Manager of Communications, Austin Dabney.

 
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The Weekly Rundown is the weekly newsletter for Growth Energy's members. It is published 51 times a year by the communications staff at Growth Energy. For more information, email team@growthenergy.org or visit our website GrowthEnergy.org

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